The article reports that junk bond issuers can raise their ability in making payments to shareholders through back dating of the restricted-payment covenant baskets on the bonds. It says that back dating is a function of the presence of repeat issuers on the junk bond market and can be...

The article focuses on each 500 million dollars in junk bonds offered by packaging company Ball Corp. and natural gas and oil firm Range Resources. It is stated that Broomfield, Colorado-based Ball is selling senior notes due 2022 to back a tender offer for all its outstanding 450 million...

The article reports on the plans of Range Resources, SandRidge Energy and Calpine to issue high yield bonds in March 2009. According to documents filed by the U.S. Securities and Exchange Commission (SEC), Range Resources intends to price 300 million U.S. dollars in senior notes due 2019....

The article reports that 550 million U.S. dollars in high yield bonds and loans have been arranged by Morgan Stanley, Goldman Sachs, Credit Suisse and Bank of America Merrill Lynch for the refinancing of Kraton Polymers.

The article reports that telecom service provider Sprint's offer of high yield bonds increased from one billion U.S. dollars to four billion U.S. dollars to fund general corporate purposes including redemption of outstanding debt, network expansion and modernization.